Elon Musk’s enormous interest in Twitter has made the tycoon forget about two of his most important companies: Tesla and SpaceX, and this has caused the concern of many, especially investors in the case of the electric mobility firm. The aerospace company that the magnate founded in 2002, however, does not seem to be doing badly with Musk in the shadows. In fact, it’s working better than when Musk was at the bottom of the canyon.
Since October, when Elon Musk began to own Twitter, SpaceX has been, for the most part, in charge of Gwynne Shotwell, president and COO of the company and who seems to continue apace with the objectives imposed by Musk. SpaceX, specifically, hopes to reach 100 flights during this 2023with an average of one flight every three and a half days compared to the average flight every 6 days that the firm carried out in 2022. The company also plans other important missions, such as the first flight of the Starship.
Precisely these goals they are being carried out with a more optimal work environment since Elon Musk is in the shadows. At least, that’s what some employees say Bloombergwhere they have ensured that, in some cases, “the daily attention of the CEO [Musk] It’s not necesary”. In fact, several former SpaceX employees point out that when Musk did nothing more than give extra work when he focused on some operations. “He has gotten into projects and has demanded changes for sometimes arbitrary reasons,” they say.
On some occasions, for example, employees wasted a considerable amount of time when trying to justify essential components for the operation of spaceships, but that Elon Musk did not believe were necessary for aesthetic reasons. Sometimes, Musk forced redesign work that later had to be reversed because it was not viable.
The tycoon too He went so far as to call an emergency meeting about the seemingly unnecessary Crew Dragon. He did it early on a Saturday morning—Musk was even late for the meeting—and just to say briefly that the release schedule couldn’t go wrong and there were too many people working on the project. Therefore, it is understandable that workers feel more relieved with Elon Musk more aware of Twitter.
Elon Musk’s focus on Twitter is not a problem for SpaceX, but it is for Tesla
At Tesla, however, they are in a completely different situation than at SpaceX. Elon Musk has come to liquidate millions in Tesla shares to try to save his social network, currently adding a total of 39,000 million dollars sold in shares since the tycoon owns the platform founded by Jack Dorsey. This, of course, has worried the company’s shareholders.
In fact, Leo Koguan, one of Tesla’s largest investors, went so far as to publicly request that Musk step down as CEO. The billionaire claimed that Tesla is a much bigger company than it was a few years ago and that it needs an executive “working full time.” “Elon has left Tesla and Tesla does not have an acting CEO,” he noted. Koguan, even, He said that Tesla needed someone the likes of Tim Cook.